[Feature] Add GDP Calculator #1117
Labels
calculator addition 📱
Addition of new calculator
enhancement ✨
New feature or request
gssoc
GSSOC Open Source Program
level3
Advanced task
Description
Gross domestic product is defined by the Organisation for Economic Co-operation and Development (OECD) as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs." More simply, it can be defined as a monetary measure of the market value of final goods produced over a period of time, typically quarterly or yearly, that is often used to determine the economic performance of a region or country. Generally, growth of more than two percent indicates significant prosperous activity in the economy. On the other hand, two consecutive three-month periods of contraction may indicate that an economy is in recession.
Implementing a GDP calculator which uses Expenditure approach which takes parameters :
GDP = personal consumption + gross investment + government consumption + net exports of goods and services
Screenshots
Proposed protoype (UI will be improved)
Checklist
Code of Conduct
The text was updated successfully, but these errors were encountered: